(A) No building permit shall be issued for a development in unless the impact fee is imposed and calculated pursuant to this chapter.
(B) Impact fees shall not exceed the cost of providing capital improvements for which the need is reasonably attributable to those developments that pay the fees. The fees shall be spent on new or enlarged capital improvements that reasonably benefit those developments that pay the fees.
(C) The portion of impact fee revenues reasonably attributable to the equitable assessment described in subsection (B) above may be spent on new or enlarged capital improvements that will reasonably benefit anticipated future development rather than those developments that have paid the fee.
(D) Impact fees that are assessed against new development shall be assessed in such a manner that any new development having the same impacts on capital facilities shall be assessed the same impact fee. This provision notwithstanding, the Board may contribute from the General Fund any part or all of the impact fee assessed against certain new development that achieves other policies, including, but not limited to, the provision of affordable housing and the retention of existing employment or the generation of new employment.
(2011 Code, § 5-507) (Ord. 15-04, passed 12-21-2015; Ord. 19-11A, passed 4-15-2019)